Release Notes

What's Next?

Our next planned major feature is Monte Carlo, allowing you to see the range of discretionary spending outcomes your plan produces based on a Monte Carlo analysis of market performance with different portfolios.

Reduce user confusion during setup by scrolling to top of page when "save and add another" is clicked

Always show 'Reports' navigation item

Improved stability and reliability of our infrastructure for running plans and producing reports.

Fixed

If you dismissed a category during setup as "Not Applicable" but then added an item to that category in an Alternate Profile, the item would be hidden from view if you merged the Alternate Profile to Base. This is now fixed.

A divide by 0 error could occur in certain rare situations, resulting in a cryptic error message. The error has been fixed.

After resetting all Settings and Assumptions, it would still appear as if they were overriding default settings. This has been fixed so the view refreshes and you can see that all settings have indeed been reset to default.

Future Tax Change settings were not working correctly but have been fixed. In addition, we now allow setting state tax increase or decrease of 100% to allow for modeling of doubling or elimination of state taxes.

Improved

Display alert indicators next to items needing review in profile left hand navigation

Add indicator in left hand navigation on Alternative Profiles for changed items so it is easy to zero in on changes in a profile

Fixed

Preview of unmodified Base Plan money activity from an Alternative Profile can be inaccurate. It is now accurate.

Maximum and minimum validation on mortgage loan balance not working. This is fixed.

Sort order of items in MaxiFi Base Profile multi-item screens is not stable. These now always sort in order they were added.

After changing person's death year, the old death year still shows up in activity panels such as Future Earnings and Retirement Contributions. This has been corrected so the death year updates immediately.

Maximized Social Security dates can cause error when applied to base plan if base has suspend/reinstate dates and Maximized Plan does not. This is fixed so all dates are applied correctly.

Can create an Alternative Profile from top menu even if no base plan yet. This is fixed so you can only create an Alternative Profile if you have run the Base Plan.

Importing family from Maximize My Social Security to MaxiFi results in Base Profile called "Your Plan" instead of "Base Profile". The profile is now named properly.

Clicking on Comparison Report icon from Base Profile dashboard results in error and no comparison. We now no longer allow clicking on the icon.

In divorced cases, Social Security Widow(er) benefits sometimes not shown or show incorrect date. This has been fixed.

RMDs for retirement accounts were not calculated if no current retirement assets. This now works even if no current assets in the accounts.

Benefit dates associated with past earnings do not display after saving in MaxiFi Social Security screen. This has been fixed.

New

Considering a change in jobs, moving to a different state, or early retirement? Want to see how different inflation or return rates impact your finances? It's easy to see the impact over your lifetime.

Just run different scenarios and compare results side-by-side with your Base Plan.

Alternative Profiles lets you:

Build from your Base Plan––change only the data you choose

Run a side-by-side comparison report––see how discretionary spending changes

View side-by-side comparisons for dozens of other elements in your plan

Download detailed PDFs or Excel spreadsheets of the Base and Alternative Profile Plans

Save up to 6 Alternative Profiles

Look for the "Add What-If Profile" button on your family overview screen.

Improved

Implement logic for flagging or automatically updating date-sensitive data after change in year.

Allow entry of negative Real Appreciation Rate for housing.

Add future rate of return setting for Regular assets.

Add retirement account future rate of return settings.

Add Future Tax Change settings to MaxiFi.

Add setting for future change to rate of Inflation.

Show explanatory note in profile Inputs section of MaxiFi PDF if there are no inputs.

Fixed

Child and Mother/Father Benefits were showing up when max age is the same even if no benefits. This is corrected.

Annual Income and Spending Table was missing from PDF. This has been added.

Error when clicking 'Client List' menu from Help or Account. This now works properly.

Employer contributions should not be displayed in the Year-at-a-Glance report, only Employee contributions. This is implemented.

Cancelling during the add process for ex or deceased spouse takes you to wrong overview screen. This now goes correctly to family overview.

New

Progress Tracker: When you're happy with your plan, set up your Progress Tracker for the year with a few clicks. This tool helps you visualize and stay on track with your income, spending, and saving targets for the year. You can review and update your progress at any time from any device, or export your targets and transactions to Excel.

Improved

Allow decimal in Monthly Mortgage Payment for greater accuracy.

Increase length of time for a user to react to a session refresh dialog before logging the user out.

Do not display Social Security Spousal and Widow(er) benefit columns in report for Partnered cases.

Disclaimer: MaxiFi Planner and all other products provided by Economic Security Planning, Inc. (referred to hereafter as "we" or "our") are educational calculators designed to give you some input in mapping out your financial future, but should not be acted upon as a complete financial plan. MaxiFi Planner and the creators of MaxiFi Planner and any derivative products are not certified, registered, authorized, or any other type of financial planners. MaxiFi Planner and its derivative products are simply tools for helping you think through your economic futures. Any suggestions should be viewed as informative inputs into your own decision-making with respect to saving and the purchase of life insurance. MaxiFi Planner and its derivative products provide neither economic, financial nor tax advice, which can only be delivered to you by authorized professionals. The Social Security benefit estimates produced by MaxiFi Planner are just that -- estimates. Only the Social Security Administration can tell you precisely the benefits to which you will be eligible or are eligible and the amounts you will receive. The estimates provided here may differ from the correct amounts due to mistakes in our computer code of which we are unaware or because of legislated changes in Social Security provisions of which we are unaware or because of delays in our updating our computer code for changes in Social Security provisions. This material is not intended to provide legal, tax or investment advice, or to avoid penalties that may be imposed under U.S. Federal tax laws, nor is it intended as a complete discussion of the tax and legal issues surrounding retirement investing. You should contact your tax advisor to learn more about the rules that may affect individual situations.

Updated for full compliance with the Tax Cuts and Jobs Act of 2017. Learn More